Archives : DAILY MARKET OUTLOOK : 06/04/2010


Market finally gave a breakout yesterday as the Sensex closed above 17800 and Nifty above 5310. The Sensex will be eyeing the 18000 mark as the midcap stocks once again takes centre-stage.

Sensex Resistance 18043-18103-18182. Support 17825-17767-17692.

Nifty Resistance 5394-5419-5458. Support 5328-5298-5269.

Buy Bhel 2464 SL 2446 Tgt 2503-2549.

Buy Indian Bank 179 SL 177 Tgt 184-189.

Buy Adani 486 SL 481 Tgt 497-509.

Buy Welspun Guj 285 SL 279 Tgt 294-306.

Buy Bhushan Steel 1824 SL 1787 Tgt 1861-1917.

Buy Bajaj Auto 2095 SL 2062 Tgt 2141-2193.

Buy Sterlite Ind 867 SL 859 Tgt 879-893.

Buy SBi 2138 SL 2116 Tgt 2167-2211.

Buy DLF 322 SL 317 Tgt 331-340.

Buy Unitech 76 SL 75 Tgt 79-82.

Buy OBC 334 SL 327 Tgt 344-352.

Disclaimer : The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness.

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